Make money doing the work you believe in

This one scheme gives you 90% of the money... and allows you to be 100% owner of your business while investing just 10% of the capital...

This scheme is popularly known as 50:10:40... where 50% is the subsidy that the govt gives you, 10% is your own contribution, and 40% is in the form of a loan that you will be given to get started...

The business can be in fashion, clothing, furniture, contruction, food and several other categories...

And this scheme is called the National Bamboo Mission 2025... and has been made live across 24 states of India...

The idea is to use Bamboo as a core raw material being processed to build your business...

In clothes, it is bamboo fibre... in furniture, it is the use of rattan jaali design, in construction, it could be boards, doors, flooring, then there's bio-energy, paper, herbal medicines, or even setting up a bamboo nursery...

You make a project report which should be submitted with your State Bamboo Mission or the State Bamboo Development Authority...

On approval of the report, you put in 10% of the capital, yourself, the balance comes in as loan from a scheduled bank... and the govt pays off 50% of the total cost of the project in the form of loan repayment after the project is completed...

The registration for this has to be done online on the respective portal of your State's Bamboo Mission...

The reason for this is that India is the second largest producer of Bamboo in the world and we still import Bamboo from outside so the domestic demand is so high... and they want to incentivise people to not just grow bamboo, but also convert it to processed goods that would build the entire value chain...

If people want to just set up bamboo plantations, the govt provides subsidy on the planting material as well as the infrastructure.

Here are a few examples of products that you can build.

#casarthakahuja

May 15
at
9:49 AM
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